Varun Medico Lab Private Limited

Pharmaceutical company manufacturing drugs and veterinary medicine, GMP certified with factory in Mumbai.

1996 | Thane, Maharashtra (India) | Active
Last Updated: July 18, 2024

Varun Medico Lab Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.38 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth -36.93%
  • Profit Growth -1503.98%
  • Ebitda -8848.06%
  • Net Worth -153.81%
  • Total Assets -37.81%

About Varun Medico Lab

Varun Medico Lab Private Limited (VMLPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 May 1996 and has a history of 28 years and nine months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.38 M.

The company has closed loans amounting to ₹1.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hemant Hajare and Nikhilesh Hajare serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varunmedico.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24239MH1996PTC099594

  • Company No.

    099594

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

What products or services does Varun Medico Lab Private Limited offer?

Varun Medico Lab Private Limited offers a wide range of products and services, including Inflatable Toys and Preschool Toys, Kids Toys, Ayurvedic Powder and Medicinal Herbs, Herbs,Sticks and Roots.

Who are the key members and board of directors at Varun Medico Lab?

Financial Performance of Varun Medico Lab.

Varun Medico Lab Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.93% decrease. The company also saw a substantial fall in profitability, with a 1503.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 153.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-36.93%
Revenue from Operations
-54.43%
Total Assets
-37.81%
Profit or Loss
-1503.98%
Net Worth
-153.81%
EBITDA
-8848.06%

What is the Ownership and Shareholding Structure of Varun Medico Lab?

In 2023, Varun Medico Lab had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2003Others₹1.30 CrSatisfied

How Many Employees Work at Varun Medico Lab?

Unlock and access historical data on people associated with Varun Medico Lab, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Medico Lab, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Varun Medico Lab's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Varun Medico Lab

Recent activity within the organization

  • Annual General Meeting

    Varun Medico Lab Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varun Medico Lab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 24 Dec 2003 via Charge ID 80067909 with Others was fully satisfied on 06 Apr 2018.

    06 Apr 2018

  • Charges

    A charge with Others of Rs. 1.30 Cr registered on 24 Dec 2003 with Charge ID 80067909 was modified on 05 Jul 2014.

    05 Jul 2014

  • Director Appointment

    Nikhilesh Hemant Hajare was appointed as a Director was appointed as a Director on 21 Apr 2012 & has been associated with this company since 12 years 10 months .

    21 Apr 2012

  • Charges

    A charge with Others amounted to Rs. 1.30 Cr with Charge ID 80067909 was registered on 24 Dec 2003.

    24 Dec 2003

Frequently asked questions

  • What is the Incorporation or founding date of Varun Medico Lab Private Limited?

    Varun Medico Lab Private Limited was incorporated on 16 May 1996.

  • What is authorized share capital and paid-up capital of Varun Medico Lab Private Limited?

    The authorized share capital of Varun Medico Lab Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.38 M.

  • Who are the current board members & directors of Varun Medico Lab Private Limited?

    Currently 2 directors are associated with Varun Medico Lab Private Limited.

    • Hemant Vasudeo Hajare
    • Nikhilesh Hemant Hajare
  • What is the registered address of Varun Medico Lab Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Medico Lab Private Limited is R-698 T.T.C. Midc Rabale Navi Mumbai, Thane, Maharashtra, India, 400701.

  • What is the corporate identification number (CIN) and company number of Varun Medico Lab Private Limited?

    The corporate identification number (CIN) of Varun Medico Lab Private Limited is U24239MH1996PTC099594 and the company number is 099594 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varun Medico Lab Private Limited?

    The Official website of Varun Medico Lab Private Limited is https://www.varunmedico.com

  • What has been the recent revenue trend for Varun Medico Lab Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varun Medico Lab Private Limited has fallen by -36.93%.

  • What change has been observed in the net worth of Varun Medico Lab Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varun Medico Lab Private Limited has experienced an downturn of -153.81%.

  • When was the last Balance Sheet of Varun Medico Lab Private Limited filed with the ROC?

    The most recent Balance Sheet for Varun Medico Lab Private Limited was filed with the ROC on 31 Mar 2023.

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